Choppiness to Persist Into Friday? As we wrote in our trading plans for yesterday, Tue., 03/28: “However, our models indicate the risk for the markets to spike to the upside rather than to the downside, owing to the potential for quarter-end window dressing. We will get more clarity on this potential as we approach Friday”. (more…)
Rising Yields Back In Focus With the banking chaos now a bit settled, the markets seem to be focusing back on Interest rates (and, hence inflation). The rising yields today seem to be holding back the markets. However, our models indicate the risk for the markets to spike to the upside rather than to the (more…)
When Bank Safes Don’t Feel Safe Anymore… Not just U.S. regional banks, but CreditSuisse the other day and now Deutsche Bank…investors seem to be wondering if they can feel safe with their banks, and that could lead to them first selling and then asking questions. So far, there doesn’t seem to be much of a (more…)